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NEW YORK ( TheStreet) -- Chevron Corporation (NYSE: CVX) hit a new 52-week high Monday as it traded at $105 compared with its previous 52-Week high of $104.99. Chevron is changing hands at $104.98 with 3.3 million shares traded as of 12:16 p.m. ET. Average volume has been 8.3 million shares over the past 30 days. Chevron has a market cap of $205.2 billion and is part of the basic materials sector and energy industry. Shares are up 12.7% year to date as of the close of trading on Friday. Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 10.8, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 15.8.